Member Info for Just_My_Opinions

As I said before 333p gap has not been filled.

https://www.propertyindustryeye.com/little-sign-of-a-back-to-work-bounce-as-house-prices-fall-for-second-consecutive-month/

Talking sanctions... the EU wants to sanction Hungary for trying to keep Hungary for the Hungarian people... how dare they do that... Hungary should be shared with the rest of the world, who cares what the ancestors of current Hungarians fought for... anyone should just come into Hungary and take what they didn't help to build.

"The eu can say how many immigrants we have to take"

If you mean refugees (aka economic migrants) then yes they can say how many we have to take, however we haven't agreed to anything they said. Our government only agreed 20,000 refugees, so the EU's ability to actually enforce it is non existent without sanctions.

Non EU migration has increased during the Conservatives Tenure. Obviously Labour would make it even worse, but the Conservatives could have reduced non EU migration massively if they wanted to. But they haven't and failed to keep their promise since 2010 of under 100,000 net migrants.

https://www.tradingview.com/x/PKFK8cGk/

Also that's only the hourly chart, the bigger the timeframe usually the bigger return, but the slower it is to give the signal. So you need to have support and resistance levels in mind if trading a slow coach like LLOY.

Sorry the screenshot didn't come out properly. This one is better...

https://www.tradingview.com/x/BkQK5lnE/

Click the link, I've provided explanations.

https://www.tradingview.com/x/BmwPMTeD/

data*

2010 to 2018, Non EU migration nothing to do with Brussels. Yet it's increased, not decreased.

Discount to future projected cash flow of 99p over 5 years.

Discount to future cash flow is probably the leading way of valuing a stocks prospects over 5 years.

99p minus 58.24p = 40.76p divided by 58.24p x 100 = 69.98%

So the 40% was a conservative estimate. The discount to the future cash flow value of 99p over today's share price (quickly looking above) is 41.17% (99 - 58.24 / 99 x 100 = 41.17%)

The DCF calculation is complicated, I normally trade based on technical analysis, but will be parking most of our funds in investment trusts after the market has had a beating... But for individual stocks I just use SimplyWall.st to get the DCF calculation. If you're a member just click on raw data and all the math workings are shown for how they arrive at the DCF figure. They get all their date from the S&P Global Market Intelligence.

Last figure was 282,000, it hit it's peak in 2015 at 332,000 which is about 10 times the post WW2 average. So much for getting immigration down to under 100,000, during the Conservatives tenure it increased at a faster rate than it had even under Labour.

They are the Elite, they profit from rampant immigration. So they tell lies and keep it going. Gove a few weeks back was quietly discussing Freedom of Movement and the EEA as a potential after so call Brexit at a dinner. He's one of the Sycophants in Theresa May's cabinet.

The Conservatives have been saying the same since 2010. Immigration under 100,000 why should anyone believe them now? Especially when Theresa May has proven to be a liar already.

"You're a bit late for that"

Nah, protectionism is the way to dismantle this mess of globalism and open borders. It's coming, the nationalist parties are the fastest growing in the Western World.

Leas,

haha fair play, well I'm 34 so not one of the old men. Brexit dominates LLOY's share price for the simple reason that it's a UK bank. The outcome of Brexit, good or bad will determine its medium term direction.

In terms of fundamentals...

Discount to future cash flow is currently 99p which puts it as a significant discount.

P/E is only 10.1 which means it's also very good value compared to other UK banks.

It's PEG (price/earnings to growth ratio) is only 1.2 which means it's seen as a low growth stock next year.

It pays a medium level dividend...

Don't expect excitement with this stock, but it will probably give a 40% return within 5 years, assuming the trade war coupled with crazy levels of global debt doesn't cause The Great Depression Mark 2.

If that happens, it's not your shares you'll be worried about... See you in the Trenches :-P

Record short positions on US bonds.

https://www.reuters.com/article/uk-global-markets-speculators/commentary-unfazed-by-record-short-us-bonds-position-hedge-funds-gun-for-3-50-pct-idUSKCN1MI12U

Agree on Labour, still won't vote for either of them. Both will let in half the world and eventually make the White British a minority in their own country. And yes it's our country. Just as China is the Chinese people's country. Just as India is the Indian people's country.

Racist nope... protectionist yes. I don't care if my vote is wasted, I refuse to vote for any party that won't clamp down on the ridiculous levels of immigration. In 30 years time I want to have a clear conscience that even if the country's way of life is gone, even if rival cultures are in a civil war... I will know I did my minuscule bit to vote the right way for my kid.

Leas,

What country is leaving the EU? And what country does LLOY have it's business in? What are the implications for LLOY due to Brexit?

https://uk.reuters.com/article/uk-britain-eu-may/no-divorce-without-precise-future-framework-spokesman-for-may-idUKKCN1MI103

https://www.theguardian.com/business/2018/oct/08/jaguar-land-rover-to-shut-solihull-plant-for-two-weeks-after-china-sales-slump

Jaguar Landrover reports a 46% drop in September sales to China. So if you add that to China cutting the reserves banks need to keep in order to free up equity, it looks like the banks must have been tightening up lending.

Chinese Credit Crunch coming?

China reported lower foreign exchange reserves than expected. Car sales have also slumped in the country, and the Yuan continues to depreciate.

So the Chinese government has lowered the amount banks need to keep in reserves in order to get stimulus into the economy. But the amount is only expected to be £83 Billion (in our money) It won't make much of a dent.

China's also raising rebates on export tax due to the trade war. If you couple that with the depreciating Yuan and the US treasury saying they are concerned about it continuing to drop further, my money's on Trump not waiting till January when he said he would add the other 15% onto some of the tariffs, because his tariffs will be having less of an effect given the aforementioned.